Exploration and New Business Development
We combine passion, safety and experience with proven and leading technologies to explore a range of brownfield mining districts to highly prospective terrains around the globe. Our focus is on:
- Extending life-of-mine at our existing operations by increasing mineral resources
- Identifying and acquiring high-quality, advanced-stage exploration projects
- Discovering early-stage opportunities that can be strategically tested and quickly progressed to key decision points
2019 Exploration Expenditure Guidance
Exploration expenditures are planned to be $80 million in 2019. Approximately $67 million will be spent on in-mine and near-mine targets.
- Candelaria - $14 million
- Eagle - $23 million
- Neves-Corvo - $7 million
- Zinkgruvan - $23 million
Remaining expenditures are planned to advance activities on early-stage projects, primarily in South America.